Marie Lapointe, the head of the AluQuebec, said manufacturers in the US like General Motors, Ford and Toyota rely on Quebec suppliers to meet their aluminum needs.

But the same official said it truly is a matter of national security - with six USA aluminum smelters shutting down the last few years, and just five remaining, and only two operating at full capacity, he said that leaves the U.S.at risk of having to import all its aluminum eventually.

KEN NEUMANN: Thanks for having me, Steve.

SHAPIRO: How is this news being received in Canada?

Fredrik Erixon and Hanna Deringer are director and policy analyst, respectively, at the European Centre for International Political Economy (ECIPE), a policy research think tank dedicated to trade policy and other international economic policy issues of importance to Europe.

"This measure might impact the economy and the cooperative relationship between Japan and the United States", the Ministry of Foreign Affairs said in a statement on Friday.

She says the trade deficit is often larger when the economy is growing, and that in the past, trade surpluses have not correlated with job creation. So what specifically are people panicked about? "We're going to continue to have one, but that doesn't mean we have to agree on everything".

The area was America's steel heartland, with mills dotting the landscape until the industry's decline began in the 1970s because of an increase in global competition.

The looming departure of White House economic adviser Gary Cohn, a former Goldman Sachs executive who has opposed the promised tariffs, set off anxiety among business leaders and investors anxious about a potential trade war. Trump struck an unusually optimistic tone on the fate of the North American Free Trade Agreement, but repeated his threat to quit the pact if the talks fall short.

"In addition, the tariffs if imposed on steel and aluminum from key trading partners will likely lead to retaliation in the form of higher tariffs on USA exports which could escalate into a trade war that nearly all economists agree would have a very negative impact on the global economy", Peck said. NAFTZ strongly supports NAFTA renegotiation aimed at achieving these goals and positioning the FTZ program to do much more to promote American competitiveness in the NAFTA region. You've been involved in past trade negotiations. "You want to have a strategy and you want to be ready but it's happening so quickly and so much depends on what format it takes".

WARNER: Well, it's going to obviously affect the mood in the room. It raises the question of whether tariffs can do anything other than make the global market less efficient. He said only that the reprieve remains in place for now and that NAFTA is important to economic and national security. Given the current President Trump rhetoric we would expect the focus in the next few years to be towards renegotiating all these agreements to ensure better terms of trade for the United States before any substantial new agreement is put in place. That's never actually really been litigated before in the WTO.

"With other countries, we won't have a choice - unless they do something for us". What you might call trade sabre-rattling is not uncommon as countries threatened with tariffs draw up lists of the imports they will tax in response.

It was a decision that served the interests of Americans as well as businesses and workers in this country and Mexico. There's another way in which we can be - Canada can be exempted, and that's through the exemption of specific industries or product lines. That's left Canadian firms in a "wait and see" mode, with some holding off on investments until the fog clears, said Demetrius Tsafaridis, whose Burlington firm CareGo sells steel storage and logistics technology to companies on both sides of the border. And we've always been a good neighbor, and we've lobbied hard with Leo Gerard and others to say that, look, Canada should be exempt, that we're not the bad actors.

Comentarios

últimas publicaciones

At the Movies - "A Wrinkle in Time"
Reese Witherspoon was delightful as usual with her bright smile lighting up the screen and giving life to the quirky Mrs. It's not about changing everything by yourself, it's about accepting yourself and knowing you're here for a reason.

LeBron James Doesn't Care About Seeding
After failing to score more than 9 points in the previous three games, Jokic busted out of his slump with a dominant performance. That gave them a commanding 35-17 advantage when the horn sounded, once again putting the Cavaliers in a huge hole.

NRA: Trump Doesn't Want Gun Control
That remark came after Toomey had walked Trump through the details of the bill that he and Democratic West Virginia Sen. In 2013, just months after the Sandy Hook massacre, a version of the legislation was proposed by Toomey and Manchin.

President takes aim at the NRA
But then came Trump's meeting, which one source described as throwing a wrench in those plans and delaying the policy rollout. I never thought he'd go there, but not only did he go there, he went way past there to a place no one had a ticket for.

Chelsea beat Crystal Palace without Victor Moses
But he returned to make a decent showing against the Blues, carving out the assist for Patrick van Aanholt's late consolation. Broadcasting laws mean we can't show you the goal, but we're sure someone more rebellious than us has stuck it on Twitter.

Guns: Let's see proof of militia membership
But first I had to take the NRA gun safety course to demonstrate that I would be "gun safe" and prove it with an NRA certificate. Does gun ownership stem from a right to "revolution"? Those certificates would have to be notarized and renewed annually.

Pyongyang or Panmunjeom for Kim-Trump meeting?
Then, on March 6, the South Koreans announced that the North was willing to discuss giving up its nuclear weapons. Trump now has the opportunity to achieve what no president has been able to achieve in seven decades of U.S.

Wilfried Zaha could make shock Palace return v Chelsea
Chelsea have returned to winning ways in the Premier League by overcoming Crystal Palace 2-1 at Stamford Bridge this evening. The Blues will take on Barcelona in the second leg of their Champions League last-16 clash at Camp Nou on Wednesday night.

Change smoke alarm batteries when you set your clocks
You never know when working smoke alarms could be the difference between life and death for you or your family. We strongly encourage New Yorkers to install 10-year smoke alarms, which can not be easily deactivated.